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SITI NETWORK
Delhi HC seeks Zee’s reply on Aditya Birla Finance plea in ₹134-cr loan disputeThe Delhi High Court is reviewing a dispute between Aditya Birla Finance (ABFL) and Zee Entertainment over a Rs 134 crore loan to Siti Netw...- NCLT adjourns Siti Networks bankruptcy hearing to April 3NCLT Mumbai bench adjourned Siti Networks' insolvency hearing to April 3. Rohit Mehra, suspended board of directors, NCLAT intervention, fi...
- Star can't stop TV signals to Essel-backed Siti, for nowRohit Mehra, the resolution professional (RP) managing the insolvency proceedings against Siti, moved the NCLT, seeking directions to restr...
- Aditya Birla Finance-Siti dispute: SC upholds Delhi HC's order, refers Rs 150 cr dispute to arbitrationThe Supreme Court has upheld the Delhi High Court's order in the Aditya Birla Finance-Siti Networks Ltd dispute, requesting arbitration. Th...
- NCLT admits Aditya Birla Finance's insolvency plea against Siti Broadband ServicesIn 2020, Siti Broadband had availed of a loan of ₹5 crore from Aditya Birla Finance, to be repaid in 19 quarterly instalments after a morat...
- IDBI Bank moves NCLAT against Zee; challenges NCLT orderIDBI bank has moved the National Company Law Appellate Tribunal (NCLAT) against Zee Entertainment to challenge an NCLT order, which rejecte...
- ZEE, Standard Chartered ink pact to settle Siti loan default issue"We wish to inform that Standard Chartered Bank (the Bank) had sanctioned certain credit facilities to Siti Networks Limited (the Borrower)...
- Zee enters into a one-time settlement with Standard Chartered Bank for credit facility availed by Siti NetworksZee Entertainment Enterprises Ltd (ZEEL) on Thursday said it has entered into a one-time settlement agreement with Standard Chartered Bank ...
- HC refers Siti Networks' Rs 150-cr loan default case to arbitrationIn 2017, Aditya Birla Finance had extended a term loan of ₹150 crore to Siti Networks under a credit arrangement letter. According to the l...
- ZEEL shares slump 10% despite NCLAT relief. Here's whyDuring the proceedings, senior advocate Mukul Rohatgi representing ZEEL, submitted that insolvency was initiated against the media firm for...
- IDBI drags Siti Networks to bankruptcy courtSiti owes a group of nine lenders a total of Rs 850 crore. Earlier this year IndusInd Bank and Housing Development Finance Corp Ltd (HDFC) ...
- SITI Network's total default at Rs 913 crore in second quarter of FY23SITI Networks, previously known as SITI Cable Network, is a part of the Essel Group. "...the company is in discussions with its bankers for...
- HDFC moved NCLT against SITI Networks claiming default of Rs 296 cr"The company has received the notice of the said case on April 13, 2022," the Essel group firm said adding it "is compiling information to ...
- Siti Networks Q3 Results: Net loss at Rs 61.56 crIts revenue from operations was down 6.16 per cent to Rs 365.22 crore during the quarter under review as against Rs 389.20 crore in the cor...
- Siti Network posts loss of Rs 103.94 cr in Q4Total expenses of the Essel group company were at Rs 471.27 crore in Q4/FY 2020-21.
- Hinduja Group's HITS platform signs infrastructure sharing deal with Siti NetworksThe deal will allow Siti Networks to deliver their services in markets where conventional connectivity remains a challenge
- BSE-NSE Bulk deals: IDBI Trusteeship Services offloads 2.5 crore shares of Siti NetworksIDBI Trusteeship Services sold nearly 2.55 crore shares of Siti Networks at a price of Rs 0.55 per share, while Ashwin Porwal HUL bought 45...
- Zee Entertainment climbs 4% post Q2 results"Zee reported in-line results with Ebitda declining 43 per cent YoY, adjusting for the Rs 81.20 crore provision for overdue receivables fro...
- Siti Networks Q1 results: Firm posts nest loss of Rs 46 croreIts total income during the quarter under review stood at Rs 382.84 crore. It was Rs 394.67 crore in the corresponding quarter last fiscal,...
- Essel group firm Siti Cable Network Q4 net profit at Rs 24 croreThe company had posted net loss of Rs 34.12 crore in the corresponding quarter of the previous fiscal, 2014-15.
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